Bitcoin will crash energy prices with Andrew Myers
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Description
In this episode, Andrew Myers shares his vision of bitcoin revolutionizing global power markets by making them more permissionless and efficient. He explains why entrepreneurship could become easier under a bitcoin standard, evaluates the sustainability of mega mining farms (100+ MW), and looks into the future of global energy production in relation to bitcoin miners. SUPPORT THE PODCAST: → Subscribe → Leave a review → Share the show out with your friends and family → Send us an email [email protected] TIMESTAMPS: 00:00:00 Intro 00:01:40 Permissionless Power Markets 00:06:19 Entrepreneurship under a bitcoin standard 00:08:25 Bitcoin adoption in the energy sector 00:13:57 Credit worthiness of bitcoin miners 00:16:30 Are mega mining farms (100MW+) sustainable? 00:18:17 Will bitcoin lead to the development of new energy technologies? 00:20:07 Will the world continue to produce exponentially more energy? 00:22:27 Bitcoin mining and geopolitics 00:24:22 Will countries that embrace bitcoin have a massive advantage? 00:26:55 How will bitcoin change power prices? 00:30:54 “Who will build the roads (transmission lines)?” 00:41:04 Will bitcoin create sovereign self-sufficient communities? 00:42:19 Block subsidy trending toward 0 00:46:01 Merging of the mining and energy industries? 00:47:47 Closing thoughts WHERE TO FOLLOW US: → Unchained Twitter: https://twitter.com/unchainedcom → Unchained Linkedin: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter  → Andrew Myer’s Twitter: https://twitter.com/acmyers → Joe Burnett’s Twitter: https://twitter.com/IIICapital
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